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Novi

    Purchasing Manager - Novi, United States - Yanfeng Automotive

    Yanfeng Automotive
    Yanfeng Automotive Novi, United States

    5 days ago

    Default job background
    Description
    Main responsibilities:
    • Control sourcing on time at or below cost targets
    • Investigate and validate new potential suppliers in North America Region to support YFS operations
    • Identification and analysis of potential new suppliers and lead the cost savings opportunities.
    • Ensure flawless SDT launches per PLUS and customertiming / deliverables
    • Maintain direct production materials / components to ensure accuracy
    • Strive to achieve cost savings goals and financial commitments per program/corporate targets
    • Understand and support execution of supplier Commodity Strategies
    • Support Commodity Managers in developing and implementing sub commodity strategies (SMPE)
    • Initiate and lead cross functional Make vs. Buy decisions
    • Supplier Management activities: RFQ (Request for Quote), change management, contract negotiations, payment queries, dispute resolution, etc.
    • Coordination of commodity specific cost savings and economic variances with senior management for forecast planning
    Qualifications:
    • 4 years degree in Procurement, Supply Chain Management, Engineering or Business Administration with a Master Degree desired
    • Min. 5 years within automotive or related industry
    Technical:
    • Automotive manufacturing, engineering, procurement, Supply Chain Management(SCM) and/or costing
    • Problem solving to analyze and identify waste in supplier process to drive cost reductions and process improvements
    Contract Administration:
    • Ability to analyze and execute contracts
    • Understand key contract provisions andterms and conditions
    • Understand Statement of Work requirements
    Financial:
    • Understand benchmark requirements
    • Identify and understand key cost drivers
    • Prepare and present cost analysis to support decision making process
    • Work to understand Total Cost impacts to the business to drive proper sourcing decisions
    Negotiations:
    • Ability to gather information, analyze data, prepare for and/or lead negotiations to ensure Yanfeng Automotive seatings financial, quality, delivery, cost savings and other corporate goals are met
    • Understand supplier performance, process, footprint strategiesin relation to Yanfeng Automotive seatings' operations in order to provide Best Cost sourcing
    • Understand customer commercial and footprint strategies in order to provide Best Cost sourcing
    Other:
    • Support annual Business Reviewprocess with strategic suppliers to ensure supplier specific roadmaps are met
    • Support Commodity Teams in driving improvements in the following areas in order to meet or exceed plannedgoals: forecasted savings, continuous improvement, economics mitigation, supplier quality performance, supplier rationalization, sub commodity strategies, LCC sourcing content, payment terms, supplierT&Cs, and other strategic objectives
    • Support Material Best Business Practices (MBBP) to implement strategies and cost savings
    • Develop sub commodity strategies through SMPE initiatives
    • Support on site Supplier Readiness Reviews (SRR) and Launch Readiness Reviews (LRR)
    • Support compliance with BOS, PLUS, POS and SOX procedures
    • Support advanced and operational Purchasing activities within a Commodity organization starting from phase 0-5 and over production lifetime
    People Management:
    • Interact effectively with cross functional team - purchasing, program management, operations facilities, quality, engineering, costing, finance
    • Lead and deliver results to support cross functional goals - launch on time, below cost targets, internal returnrates, etc
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